5 Vail Place Portsmouth, VA 23702
Cradock Neighborhood
3
Beds
1
Bath
1,075
Sq Ft
4,356
Sq Ft Lot
Highlights
- No HOA
- 1 Car Detached Garage
- 1-Story Property
- Forced Air Heating and Cooling System
- Carpet
About This Home
As of April 2025Unlock the potential of this ranch-style home nestled in the heart of Portsmouth! Bring your imagination and transform this canvas into your dream home. Boasting 3 bedrooms and 1 bathroom, this residence offers over 1000 square feet of space to tailor to your needs. Conveniently located near dining, parks, the highway, and more! Don't miss out! Call today for more information and to schedule your tour!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,611
Year Built
- Built in 1918
Lot Details
- Property is zoned UR
Parking
- 1 Car Detached Garage
Home Design
- Asphalt Shingled Roof
- Aluminum Siding
Interior Spaces
- 1,075 Sq Ft Home
- 1-Story Property
- Carpet
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Cradock Elementary School
- Cradock Middle School
- Manor High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Community Details
- No Home Owners Association
- Cradock Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2025
Closed on
Apr 15, 2025
Sold by
C & M Homes Llc
Bought by
Bennett Brianna
Seller's Agent
Katrina Ellis
CENTURY 21 Nachman Realty
Buyer's Agent
Armeshia Matthews
Abbitt Realty Company LLC
List Price
$239,900
Sold Price
$239,900
Total Days on Market
138
Views
382
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,620
Avg. Annual Appreciation
-52.09%
Original Mortgage
$245,057
Outstanding Balance
$245,057
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
-$48,381
Purchase Details
Listed on
Feb 24, 2024
Closed on
Sep 18, 2024
Sold by
Hecmresi 2023-1 Llc
Bought by
C & M Homes Llc
Seller's Agent
Jonathan Melvin
Benham Real Estate LLC
Buyer's Agent
Katrina Ellis
CENTURY 21 Nachman Realty
List Price
$119,900
Sold Price
$92,000
Premium/Discount to List
-$27,900
-23.27%
Views
850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
437.34%
Original Mortgage
$165,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 24, 2024
Closed on
Aug 15, 2024
Sold by
Hecmresi Trust
Bought by
Hecmresi 2023-1 Llc
Seller's Agent
Jonathan Melvin
Benham Real Estate LLC
Buyer's Agent
Katrina Ellis
CENTURY 21 Nachman Realty
List Price
$119,900
Sold Price
$92,000
Premium/Discount to List
-$27,900
-23.27%
Views
850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2024
Sold by
Lenox Title Trustee Svc Llc
Bought by
Hecmresi Trust 2023-1 Llc
Similar Homes in Portsmouth, VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $239,900 | Peninsula Title | |
| Special Warranty Deed | $92,000 | Fidelity National Title | |
| Gift Deed | -- | Timios | |
| Trustee Deed | $94,900 | Lenox Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,057 | VA | |
| Previous Owner | $165,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | Sold | $239,900 | 0.0% | $210 / Sq Ft |
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $239,900 | 0.0% | $210 / Sq Ft |
| 02/24/2025 02/24/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | For Sale | $239,900 | 0.0% | $210 / Sq Ft |
| 01/31/2025 01/31/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $239,900 | +160.8% | $210 / Sq Ft |
| 09/20/2024 09/20/24 | Sold | $92,000 | -19.9% | $86 / Sq Ft |
| 07/12/2024 07/12/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | Price Changed | $114,900 | -4.2% | $107 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $119,900 | +30.3% | $112 / Sq Ft |
| 04/30/2024 04/30/24 | Off Market | $92,000 | -- | -- |
| 04/17/2024 04/17/24 | Pending | -- | -- | -- |
| 02/24/2024 02/24/24 | For Sale | $119,900 | -- | $112 / Sq Ft |
Source: Real Estate Information Network (REIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,707 | $151,160 | $46,590 | $104,570 |
| 2023 | $2,149 | $140,420 | $46,590 | $93,830 |
| 2022 | $1,611 | $123,940 | $37,270 | $86,670 |
| 2021 | $1,401 | $107,750 | $28,240 | $79,510 |
| 2020 | $1,365 | $104,970 | $26,890 | $78,080 |
| 2019 | $1,355 | $104,250 | $26,890 | $77,360 |
| 2018 | $1,355 | $104,250 | $26,890 | $77,360 |
| 2017 | $1,337 | $102,820 | $26,890 | $75,930 |
| 2016 | $1,337 | $102,820 | $26,890 | $75,930 |
| 2015 | $1,337 | $102,820 | $26,890 | $75,930 |
| 2014 | $1,306 | $102,820 | $26,890 | $75,930 |
Source: Public Records
Agents Affiliated with this Home
-
Katrina Ellis
Seller's Agent in 2025
Katrina Ellis
CENTURY 21 Nachman Realty
(757) 409-4986
2 in this area
80 Total Sales
-
Armeshia Matthews
Buyer's Agent in 2025
Armeshia Matthews
Abbitt Realty Company LLC
(757) 814-3912
1 in this area
9 Total Sales
-
Jonathan Melvin
Seller's Agent in 2024
Jonathan Melvin
Benham Real Estate LLC
(757) 354-4080
4 in this area
219 Total Sales
-
Melissa Dupuis
Seller Co-Listing Agent in 2024
Melissa Dupuis
Benham Real Estate LLC
(757) 985-0564
2 in this area
247 Total Sales
Map
Source: Real Estate Information Network (REIN)
MLS Number: 10521382
APN: 0401-0691
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